Calculate monthly RV loan payments for motorhomes, travel trailers, and campers. Includes amortization schedule, total interest, and down payment analysis.
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Buying an RV is a significant investment, whether you're planning full-time RV living, weekend getaways, or cross-country adventures. Our RV loan calculator helps you understand your monthly payments, total interest costs, and overall financing picture before visiting a dealership. By entering your purchase price, down payment, interest rate, and loan term, you'll get a clear breakdown of what to expect.
An RV loan is a secured loan specifically designed for purchasing recreational vehicles, from compact pop-up campers to luxury Class A motorhomes. Because RVs can cost anywhere from $10,000 to over $1 million, loan terms are typically longer than car loans—ranging from 5 to 20 years. The RV serves as collateral, which generally results in lower interest rates than unsecured personal loans. Rates typically range from 6-12% depending on your credit score, the RV's age, and the loan term.
Monthly Payment Formula
M = P × [r(1+r)^n] / [(1+r)^n - 1]Know exactly what monthly payment fits your budget before visiting dealerships. Avoid the pressure of dealer financing by coming prepared.
See how choosing a 10-year vs 15-year vs 20-year loan affects your monthly payment and total interest paid over the life of the loan.
Factor in trade-in value, sales tax, and down payment to see the complete cost picture—not just the sticker price.
Use our presets for different RV types (Class A, B, C, Fifth-Wheel, Travel Trailer) to quickly see realistic payment scenarios.
Understand what you can realistically afford and avoid overextending your budget on your first RV purchase.
Factor in your current RV's trade-in value to see how much of your new purchase it can offset.
Plan long-term costs when your RV will be your primary home. Consider longer terms for lower monthly obligations.
Compare your current loan payments to potential refinanced rates to see if refinancing makes financial sense.
Most lenders require a minimum credit score of 660 for RV loans, though you'll get better rates with a score of 700 or higher. Some lenders specialize in RV financing for lower credit scores, but expect higher interest rates (10-15%) and larger down payment requirements.